Talking Biz News Today — Oct. 6, 2020
Some of Tuesday’s top business news stories: Associated Press Pandemic pushes start of holiday shopping earlier than ever, by Joseph Pisani, Anne D’Innocenzio Group sues to block California boardroom diversity law, by Brian Melley CNN Companies just did $1 trillion in deals despite the pandemic. Here’s why, by Julia Horowitz Exxon briefly dethroned as America’s […]
Regal Cinemas temporarily shuts down in U.S.
Regal Cinemas is temporarily closing down all of its U.S. locations while its parent considers UK closures as well. R.T. Watson reported the news for the Wall Street Journal: The second-largest cinema chain in the U.S. is closing all of its locations nationwide after reopening in August, escalating the pandemic-driven crisis facing the entertainment industry. […]
Talking Biz News Today — Oct. 5, 2020
Some of Monday’s top business news stories: Associated Press Long-term jobless caught in a squeeze that imperils recovery, by Christopher Rugaber, Alexandra Olson California wavers on theme park opening rules amid pressure, by Adam Beam, Amy Taxin CNN Nearly 4 million US jobs have vanished forever, by Matt Egan James Bond’s ‘No Time To Die’ […]
Amazon reports 20,000 workers have COVID-19
Amazon reported that close to 20,000 of its workers in the United States have contracted COVID-19 so far this year. Jeffrey Dastin reported the news for Reuters: Amazon.com Inc on Thursday said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year, or 1.44% of the total, a disclosure sought by labor […]
Talking Biz News Today — Oct. 2, 2020
Some of Friday’s top business news stories: Associated Press US hiring likely slowed in September for 3rd straight month, by Christopher Rugaber Lawmakers approve funding for hospitals, landlords, farmers, by Emily Wagster Pettus, Leah Willingham CNN Amazon said nearly 20,000 workers got coronavirus, by Sara Ashley O’Brien Car sales are rebounding, but they’re still not […]
Talking Biz News Today — Oct. 1, 2020
Some of Thursday’s top business news stories: Associated Press 31.4% spring slide for a US economy likely to shrink in 2020, by Martin Crutsinger Secretive, never profitable Palantir makes market debut, by Frank Bajak CNN The collapse of global air travel is putting 46 million jobs at risk, by Hanna Ziady Goldman Sachs resumes job […]
Airlines begin 32,000 furloughs
United and American Airlines have started a furlough plan that will affect 32,000 employees as federal aid is close to running out and more does not seem to be coming yet. David Koenig reported the news for the AP: American Airlines and United Airlines say they will begin to furlough 32,000 employees after lawmakers and […]
Disney to lay off 28,000
Disney will lay off 28,000 people from its theme park workforce as the business division all but collapsed amid the pandemic. Lisa Richwine reported the news for Reuters: Walt Disney Co said on Tuesday it will lay off roughly 28,000 employees, mostly at its U.S. theme parks, where attendance has been crushed by the coronavirus […]
Talking Biz News Today — Sept. 30, 2020
Some of Wednesday’s top business news stories: Associated Press Ski resorts struggle to hire amid Trump’s student visa ban, by Thomas Peipert $215M in BP oil spill money to restore Louisiana marshes CNN JPMorgan Chase to pay $920 million to settle trading misconduct allegations, by Paul R. La Monica Amazon expands personal shopping service to […]
Talking Biz News Today — Sept. 29, 2020
Some of Tuesday’s top business news stories: Associated Press House Democrats unveil new $2.2T proposal for virus aid, by Andrew Taylor United Airlines pilots approve deal that delays furloughs, by David Koenig CNN Caesars could buy William Hill for $3.7 billion as sports betting booms, by Hanna Ziady Judge in Apple ‘Fortnite’ case slams Epic’s […]
